Report Title:

Fiscal Notes on Legislative Bills

Description:

Requires preparation of a fiscal note for any bill reported from the final committee to which the bill has been referred prior to passage on third reading in either house of the legislature, to or, if no fiscal impact, a statement to that effect. Specifies fiscal note requirements. Appropriates funds.

HOUSE OF REPRESENTATIVES

H.B. NO.

1968

TWENTY-SECOND LEGISLATURE, 2004

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to fiscal notes.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. The Hawaii Revised Statutes is amended by adding a new section to be appropriately designated and to read as follows:

"§ -A Fiscal notes on legislative bills. (a) Beginning with the 2005 regular session of the legislature, when a bill is reported from the final committee to which the bill has been referred prior to passage on third reading in either house of the legislature, there shall be attached to the bill a fiscal note as provided in subsection (b), or, if the bill has no fiscal impact, a statement to that effect.

(b) Fiscal notes shall be prepared in conformity with the requirements of this section by the committee specified in subsection (a), which may request the assistance of the legislative analyst, as well as any affected state departments or agencies in preparing the fiscal note.

(c) The fiscal note shall contain the following information:

(1) The fiscal impact on existing and new programs or activities; provided that the fiscal note shall reflect the estimated cost of the program or activity that is stated in the text of the bill, even if that cost estimate differs from the amount actually being appropriated for that program or activity in the bill at that time;

(2) A fiscal impact projection for the current fiscal year and for the five succeeding fiscal years, including an estimate of the amount of the appropriation increase or decrease that would result from enactment of the bill for the current fiscal year and five succeeding fiscal years;

(3) The source of funds expected to be utilized by general fund source, federal fund source, or other identified source;

(4) The number of new positions that may be required, identified as full-time, part-time, or temporary;

(5) An analysis of how the figures in the fiscal note were derived;

(6) Any additional information that may be necessary to explain the fiscal note; and

(7) The date the fiscal note was prepared; the name of the committee, agency, and persons that prepared the fiscal note; and the state agency, program, or subprogram affected."

SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $309,500, or so much thereof as may be necessary for fiscal year 2004-2005, for the operations of the legislative analyst.

The sums appropriated shall be expended by the office of the legislative analyst for the purposes of this Act.

SECTION 3. New statutory material is underscored.

SECTION 4. This Act shall take effect upon its approval; provided that section 2 shall take effect on July 1, 2004.

 

INTRODUCED BY:

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